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Regions & Countries:Sri Lanka X
  • China outbound M&A 2Q19 digest: Southeast Asia deals surge amid trade war

    Content Types: NewsletterRegions & Countries: ChinaIndia...Industries: Minerals & ResourcesClean Energy...
    China outbound M&A activities came to a freeze in the second quarter, dragging outbound dealmaking to USD 20.4bn (114 deals) in 1H19, recording the lowest value since 2011 amid uncertainty from the escalating trade war. Even Europe, the all-time most popular destination, saw less Chinese interest with a 64% decrease in deal value in 1H19.
  • Cryptocurrencies’ rise is inevitable despite government curbs, says Templeton’s Mobius

    Content Types: ArticleRegions & Countries: BangladeshChina...Industries: Banking & FinanceInformation Technology
    Also known as digital currencies, with the best known being bitcoin, they use distributed ledgers known as block chains to track transactions. There are now hundreds in existence, as the currencies’ independence make them attractive to some users.
  • Chinese loans fund Sri Lanka project

    Content Types: ArticleRegions & Countries: ChinaSri LankaIndustries: InfrastructureBanking & Finance...
    China Development Bank signed an agreement with the Sri Lankan Ministry of Finance and Planning in 2012 to offer $214 million worth of loans to the Moragahakanda project which is operated from Jan 2017. It is the second-largest water control project, a major infrastructure project for Sri Lanka's post-war reconstruction. It is expected to end water scarcity challenges in several regions, including Matale, Polonnaruwa, Vavuniya and Anuradhapura....
  • China gains near full control of Hambantota port in South Sri Lanka

    Content Types: Recent TransactionRegions & Countries: Sri LankaIndustries: Infrastructure
    A Chinese-dominated Sino-Sri Lankan Joint Venture (JV) will be granted comprehensive control of Hambantota port — including its internal security — under a Framework Agreement signed this week between the Sri Lankan Government and China Merchants Port Holdings Company (CMPort), the Colombo-based Sunday Times reports.
  • Sri Lanka and China sign new deal for $1.4b land reclamation in Colombo International Financial City Project

    Content Types: Recent TransactionRegions & Countries: Sri LankaIndustries: Infrastructure
    Sri Lanka Friday signed a new deal to replace a controversial agreement with a Chinese company building a new city within Colombo to remove its freehold rights over reclaimed land after India voiced concerns over the agreement.
  • Sri Lanka to make Colombo Port City the financial hub of South Asia under the “One Belt, One Road” Initiative

    Content Types: ArticleRegions & Countries: ChinaSri LankaIndustries: InfrastructureBanking & Finance...
    According to Xinhua news agency, Sri Lanka’s new government, which assumed office a little more than one year ago, is keen to make Colombo Port City (Port City) the financial hub of South Asia as well as an international offshore financial center.
  • Sri Lanka: How newfound peace and leadership affects business

    Content Types: NewsletterRegions & Countries: ChinaSri LankaIndustries: InfrastructureManufacturing...Services: Investigations & Due Diligence
    For more than three decades, Sri Lanka's progress had been hampered by the civilian conflict between the Sinhala majority and the Tamil minority. The conflict erupted into full-fledged war when the terrorist group Liberation Tigers of Tamil Eelam (LTTE), claiming to represent the minority population, took up arms against the state. The LTTE was finally defeated in 2009 under then-President Mahinda Rajapaksa's leadership.
  • China Participates in 10+ Overseas Harbor Projects Backed by the Belt and Road Initiative

    Content Types: ArticleRegions & Countries: ChinaGreece...Industries: InfrastructureLogistics & Transportation...
    A rough estimate based on media reports shows China has participated in the construction of more than 10 overseas harbor projects since the start of Pakistan’s Gwadar Port project in 2002. China is anticipated to get more heavily involved in overseas projects to support the “21st Century Maritime Silk Road” initiative.
  • Regulating for Growth 2012

    Content Types: ArticleRegions & Countries: AustraliaChina...Industries: Media & Entertainment
    This bilingual report, Regulating for Growth, gives a summary for 15 Asian countries and the UK and USA for comparison, detailing the state of the nations' media regulations.
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